GK
BANKING AWARENESS AND SEBI
| Question 
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 | 
 According to CSO’s estimates at what percent Indian economy is likely to grow during fiscal 2014-15? 
|  |  7.2 % 
 | 
|  |  7.4 % 
 | 
|  |  7.6 % 
 | 
|  |  7.8 % 
 | 
 Explanation: 
Detailed explanation-1: -The growth in GDP during 2014-15 is estimated at 7.4 per cent as compared to the growth rate of 6.9 per cent in 2013-14. 7. Real GVA, i.e, GVA at basic constant prices (2011-12) is anticipated to increase from ‘91.70 lakh crore in 2013-14 to ‘98.58 lakh crore in 2014-15.
Detailed explanation-2: -Business Standard reported that the per capita national income (at current prices) was Rs 86, 647 in 2014-15. It is now Rs 172, 000. This is an increase of 98.5%.
Detailed explanation-3: -Economic Survey 2015-16: Services Sector remains the Key Driver of Economic Growth contributing almost 66.1% in 2015-16.
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